601 Cherry Avenue, Charlottesville, VA 22903
- $3,200,000
- List Price
- $3,200,000
- Days on Market
- 200
- MLS#
- CVR-2602745
- Status
- ACTIVE
- Type
- Commercial
- Year Built
- 1966
- County
- Charlottesville
- Region
- 232 - Charlottesville
Property Description
This commercial property is ideally situated just a mile away from the hospital of UVA and mere minutes from the college of University of Virginia, ensuring high visibility and accessibility. Investment Opportunity: The lot is expandable, offering the potential for additional construction. It currently includes two commercial units, generating an impressive rental income of approximately $8000 per month. Key Features Expandable lot for future development Two existing commercial units Close proximity to healthcare facilities and prestigious university of UVA High foot traffic area with excellent visibility Strong rental income potential This property is a perfect investment for those looking to capitalize on a prime location in the City of Charlotesville. Don't miss out on this exceptional opportunity!
Additional Information
- Acres
- 0.65
- Heating
- Electric, Forced Air, Heat Pump
Mortgage Calculator
Listing courtesy of ERA Woody Hogg & Assoc.
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